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COFCO shake-up gains pace

[2016-07-19 07:26]

State-owned China National Cereals, Oils and Foodstuffs Corp, the country's biggest food trader, on Monday announced further moves to streamline its operations, saying it would establish 18 new specialized companies.

Recon acquires Aston Villa for $101m

[2016-07-19 07:26]

Chinese conglomerate Recon Group on Monday announced its acquisition of 142-year-old Aston Villa Football Club, with a goal of returning the United Kingdom club to the Premier League and raising the level of Chinese soccer.

Business leaders call for safer finance

[2016-07-19 07:26]

The financing growth task force of the Business 20 summit will urge G20 leaders to improve supervision of the financial sector, and promote inclusive and green financing to further protect consumers' interests and seek more healthy growth, the task force's chairman said on Monday.

SoftBank near deal for chip leader ARM

[2016-07-19 07:26]

SoftBank Group Corp is nearing a deal to buy ARM Holdings Plc for more than $32 billion, people with knowledge of the matter said, securing a slice of virtually every mobile computing gadget on the planet and future connected devices.

Ferrero accused of Kinder safety violation, but German agency gives OK

[2016-07-19 07:26]

Italian chocolatier Ferrero International SA, the world's third-largest chocolate maker, said it guarantees its products are safe for consumers even though Foodwatch, a private German food watchdog, claimed that Ferrero chocolate bars contain a potentially dangerous chemical.

Rising cost of elderly care offers huge profit potential

[2016-07-19 07:26]

For years my parents, both in their 80s, have lived alone in an apartment in downtown Beijing by themselves.

CGN sees export boost from FirmSys nuclear control system sales

[2016-07-19 07:26]

China General Nuclear Power Corp said on Monday that a review of its nuclear-safety control system has been completed by the International Atomic Energy Agency, a move expected to lead to a boost in its exports.

What's news

[2016-07-19 07:26]

Govts & policies

Tech innovation keeps behemoth relevant

[2016-07-19 07:26]

For a corporate giant whose origins stretch back all the way to 1880, survival, change, renewal, transformation and such concepts may appear like part of its management ethos or DNA, if you will.

Envisioning Shanghai's future

[2016-07-19 07:26]

Shanghai is planning to upgrade itself comprehensively so as to be competitive globally and on par with New York and London, according to its blueprint for development till 2040.

Biotech boom, pride of Anhui

[2016-07-19 07:26]

Beijing-based Sinobioway Group Co Ltd, a major biotech company in China, is building the world's largest biotech drug production base at the Bantang township in Hefei, capital of Anhui province in East China.

3 villages and a million startups

[2016-07-19 07:26]

In a rural area about 70 kilometers from Hefei, capital of Anhui province, lie the villages of Donggua, Nangua and Xigua. Taken literally, their names mean white gourd, pumpkin and watermelon, respectively.

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